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ICICI Bank RD Interest Rates 2025

Updated on August 7, 2025 , 9647 views

A Recurring deposit is an investment cum savings option for those who want to save regularly over a certain period of time and earn a higher interest rate. It is a type of term deposit which allows one to save a fixed amount of money every month systematically. If you are familiar with SIP in Mutual Funds, RD works similarly in banking. Every month, a fixed amount of money is deducted either from a savings or a current account. And, at the end of the maturity, investors are paid back their invested money with accrued interest.

A user willing to open an RD account with ICICI Bank can choose any amount and term according to your convenience.

ICICI Bank RD Interest Rates 2025

ICICI Bank Recurring Deposit Rate of Interest (%p.a.) tenure wise.

Maturity Period	General	Senior Citizen
6 months	4.75%	5.25%
9 months	5.50%	6.00%
12 months	6.60%	7.10%
15 months	7.00%	7.50%
18 months	7.00%	7.50%
21 months	7.00%	7.50%
24 months	7.00%	7.50%
27 months	7.00%	7.50%
30 months	7.00%	7.50%
33 months	7.00%	7.50%
36 months	7.00%	7.50%
Above 3 years upto 5 years	7.00%	7.50%
Above 5 years upto 10 years	6.90%	7.50%

Above 5 years upto 10 Years margin for SRC has been changed on 0.60%

Subject to revision without further notice.

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ICICI Bank RD Account Penalty on Delayed Installment

If there is an delay in installments then a penalty is charged at monthly interest at the rate of INR 12 per INR 1000. Fraction of a month will be treated as full month for the purpose of calculating such interest. The total interest chargeable shall be recovered from the total amount of interest payable at the time of maturity.

ICICI Bank RD Account Premature Withdrawal

On pre-mature withdrawal of the Recurring/iWish deposits penalty will be levied on the rate applicable as per the table below:

Interest will be calculated at the rate applicable for the period the deposit has actually remained with ICICI Bank.

Original Tenure of Deposit	Less than INR 5.0 crore	INR 5.0 crore & above
Less than 1 year	0.50%	0.50%
1 year & above but less than 5 years	1.00%	1.00%
5 years and above	1.00%	1.50%

ICICI Bank RD Calculator

A Recurring Deposit calculator is a good way of calculating maturity amount on RD. You can follow this method to estimate your RD amount on maturity.

Illustration-

RD Calculator	INR
Monthly Deposit Amount	500
RD in month	60
Rate of Interest	7%
RD Maturity Amount	INR 35,966
Interest Earned	INR 5,966

RD Calculator

Investment Amount:₹180,000

Interest Earned:₹21,474

Maturity Amount: ₹201,474

Types of Recurring Deposit Offered by ICICI Bank

Currently, ICICI bank is Offering two types of RD accounts-

1. Delightful Deposits

Buying latest gadgets, or pieces of designer jewellery is now easy. Delightful Deposits, which is a types of RD account helps you to save systematically every month for other luxuries. Also you get to experience attractive top-up offers from partners like Tanishq, Croma, Thomas Cook and more.

2. iWish – Flexible Recurring Deposit

It is a type of RD account offered by ICICI bank that doesn't charge any penalties for missed instalments. You can start with small amounts and experience the advantage of goal-based savings.

ICICI Bank RD Interest Rates for iWish

Tenure wise RD Interest Rates (% p.a.) for iWish:

Tenure/Maturity Period	General	Senior Citizen
6 months	4.75%	5.25%
7 months - 9 months	5.50%	6.00%
10 months - 11 months	5.75%	6.25%
12 months only	6.60%	7.10%
13 months < 15 months	6.60%	7.10%
15 months < 18 months	7.00%	7.50%
18 months - 24 months	7.00%	7.50%
25 months - 3 years	7.00%	7.50%
37 months - 5 years	7.00%	7.50%
5 year 1 day - 10 years	6.90%	7.50%

Subject to revision without further notice.

ICICI BanK RD Account Features

ICICI bank RD accounts offer unique feature to the customers-

Minimum Balance

A user can deposit a minimum of INR 500 per month and thereafter, deposit in multiples of 100.

Nomination

One can nominate a single nominee to the RD account, whether held solely or jointly. To avail the nominee option, applicants are required to fill a form prescribed under the Banking Companies (Nomination Rules), 1985.

Period of Deposit

A user can make deposits for a minimum period of six months and thereafter in multiples of three months. The maximum tenure of Recurring Deposit would be of 10 years.

Also, one can avail loan against ICICI RD deposit.

Documents Required to Open ICICI RD Account

Identity Proof

Passport
PAN Card
Voter ID card
Driving licence
Government ID card
Senior citizen ID card

Address Proof

Passport
Telephone bill
Electricity bill
Bank statement with Cheque
Certificate/ ID card issued by Post Office

Any other Identity proof or Address proof document can be submitted, subject to the Bank's satisfaction.

Eligibility

Resident Indians can open an RD account at ICICI Bank

Who to Apply for ICICI Bank RD Account?

There are three options to open RD account in ICICI Bank.

Visit Nearest Branch

One can directly visit the nearest ICICI bank branch to open the RD account.

ICICI Bank Internet Banking

Log into www(dot)icicibank(dot)com using internet banking user ID and password
Click on Open Fixed/Recurring deposit in 'My Accounts' section
Click on open Recurring Deposit

ICICI Bank Mobile Application (iMobile)

Log into iMobile using your four-digit login pin
Click on the ‘Accounts & Deposits’ section and then click ‘Deposits (FD/RD)’ option
Select ‘Open Recurring Deposit'.

Why Investing in SIP is Beneficial?

Systematic Investment plan (SIP) is a way to put your money in mutual funds. Investment can be done on a periodic Basis - daily, weekly, monthly or quarterly
You need to deposit a small amount of money at every interval. The minimum amount can be as low as INR 500
SIPs can help in all kinds of investment goals, whether short- or long –term, depending on the frequency of investment, funds chosen and other factors
SIPs offer flexible instalment plans of daily, weekly, monthly, quarterly etc.
Returns can be earned better here. The longer you invest via a SIP in mutual funds, especially in an Equity Fund, the higher are the chances to earn good returns
To Cancel SIP, the investors can simply close their investment and withdraw their money without any penal charges

Best Performing SIPs to Invest 2025

Here's a list of best performing SIP for an investment horizon above of five years and above

Fund	NAV	Net Assets (Cr)	Min SIP Investment	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
DSP US Flexible Equity Fund Growth	₹67.3209 ↑ 0.94	₹935	500	23.3	8.5	28.6	18.1	16.9	17.8
Franklin Asian Equity Fund Growth	₹31.3929 ↓ -0.25	₹263	500	11.2	9.7	16	8	3.6	14.4
Invesco India Growth Opportunities Fund Growth	₹99.2 ↓ -1.06	₹7,887	100	10.6	11.4	12.2	24.5	24	37.5
ICICI Prudential Banking and Financial Services Fund Growth	₹132.18 ↓ -0.80	₹10,088	100	2.8	10	11.4	16.2	21.6	11.6
Aditya Birla Sun Life Banking And Financial Services Fund Growth	₹59.47 ↓ -0.35	₹3,625	1,000	2.2	10.7	9.9	16.3	21.5	8.7
Motilal Oswal Multicap 35 Fund Growth	₹59.6733 ↓ -2.11	₹13,894	500	3.4	4	6	22.1	18.5	45.7
Axis Focused 25 Fund Growth	₹53.95 ↓ -0.62	₹13,025	500	3.2	5.3	2.5	8.9	13.3	14.8
Kotak Standard Multicap Fund Growth	₹82.764 ↓ -0.89	₹54,841	500	4.4	7.7	2.3	16.3	19.2	16.5
Mirae Asset India Equity Fund Growth	₹110.04 ↓ -1.17	₹40,725	1,000	2.7	4.5	2.2	12.2	16.7	12.7
Tata India Tax Savings Fund Growth	₹43.0591 ↓ -0.46	₹4,711	500	3.2	2.9	0.3	14.9	19.7	19.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 7 Aug 25

Research Highlights & Commentary of 10 Funds showcased

Commentary	DSP US Flexible Equity Fund	Franklin Asian Equity Fund	Invesco India Growth Opportunities Fund	ICICI Prudential Banking and Financial Services Fund	Aditya Birla Sun Life Banking And Financial Services Fund	Motilal Oswal Multicap 35 Fund	Axis Focused 25 Fund	Kotak Standard Multicap Fund	Mirae Asset India Equity Fund	Tata India Tax Savings Fund
Point 1	Bottom quartile AUM (₹935 Cr).	Bottom quartile AUM (₹263 Cr).	Lower mid AUM (₹7,887 Cr).	Upper mid AUM (₹10,088 Cr).	Bottom quartile AUM (₹3,625 Cr).	Upper mid AUM (₹13,894 Cr).	Upper mid AUM (₹13,025 Cr).	Highest AUM (₹54,841 Cr).	Top quartile AUM (₹40,725 Cr).	Lower mid AUM (₹4,711 Cr).
Point 2	Established history (13+ yrs).	Established history (17+ yrs).	Oldest track record among peers (18 yrs).	Established history (16+ yrs).	Established history (11+ yrs).	Established history (11+ yrs).	Established history (13+ yrs).	Established history (15+ yrs).	Established history (17+ yrs).	Established history (10+ yrs).
Point 3	Top rated.	Rating: 5★ (top quartile).	Rating: 5★ (upper mid).	Rating: 5★ (upper mid).	Rating: 5★ (upper mid).	Rating: 5★ (lower mid).	Rating: 5★ (lower mid).	Rating: 5★ (bottom quartile).	Rating: 5★ (bottom quartile).	Rating: 5★ (bottom quartile).
Point 4	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 16.91% (lower mid).	5Y return: 3.64% (bottom quartile).	5Y return: 24.05% (top quartile).	5Y return: 21.65% (top quartile).	5Y return: 21.47% (upper mid).	5Y return: 18.51% (lower mid).	5Y return: 13.26% (bottom quartile).	5Y return: 19.21% (upper mid).	5Y return: 16.75% (bottom quartile).	5Y return: 19.75% (upper mid).
Point 6	3Y return: 18.11% (upper mid).	3Y return: 7.95% (bottom quartile).	3Y return: 24.53% (top quartile).	3Y return: 16.23% (lower mid).	3Y return: 16.33% (upper mid).	3Y return: 22.15% (top quartile).	3Y return: 8.88% (bottom quartile).	3Y return: 16.32% (upper mid).	3Y return: 12.22% (bottom quartile).	3Y return: 14.94% (lower mid).
Point 7	1Y return: 28.64% (top quartile).	1Y return: 16.03% (top quartile).	1Y return: 12.20% (upper mid).	1Y return: 11.38% (upper mid).	1Y return: 9.93% (upper mid).	1Y return: 5.98% (lower mid).	1Y return: 2.55% (lower mid).	1Y return: 2.26% (bottom quartile).	1Y return: 2.19% (bottom quartile).	1Y return: 0.34% (bottom quartile).
Point 8	Alpha: -4.34 (bottom quartile).	Alpha: 0.00 (lower mid).	Alpha: 9.12 (top quartile).	Alpha: -0.92 (bottom quartile).	Alpha: -6.15 (bottom quartile).	Alpha: 8.72 (top quartile).	Alpha: 2.19 (upper mid).	Alpha: 1.33 (upper mid).	Alpha: 1.62 (upper mid).	Alpha: -0.42 (lower mid).
Point 9	Sharpe: 0.51 (top quartile).	Sharpe: 0.42 (upper mid).	Sharpe: 0.50 (upper mid).	Sharpe: 0.72 (top quartile).	Sharpe: 0.38 (lower mid).	Sharpe: 0.42 (upper mid).	Sharpe: 0.15 (lower mid).	Sharpe: 0.10 (bottom quartile).	Sharpe: 0.12 (bottom quartile).	Sharpe: -0.01 (bottom quartile).
Point 10	Information ratio: -0.49 (bottom quartile).	Information ratio: 0.00 (lower mid).	Information ratio: 1.03 (top quartile).	Information ratio: 0.11 (upper mid).	Information ratio: 0.35 (upper mid).	Information ratio: 0.73 (top quartile).	Information ratio: -1.01 (bottom quartile).	Information ratio: 0.21 (upper mid).	Information ratio: -0.70 (bottom quartile).	Information ratio: -0.31 (lower mid).

DSP US Flexible Equity Fund

Bottom quartile AUM (₹935 Cr).
Established history (13+ yrs).
Top rated.
Risk profile: High.
5Y return: 16.91% (lower mid).
3Y return: 18.11% (upper mid).
1Y return: 28.64% (top quartile).
Alpha: -4.34 (bottom quartile).
Sharpe: 0.51 (top quartile).
Information ratio: -0.49 (bottom quartile).

Franklin Asian Equity Fund

Bottom quartile AUM (₹263 Cr).
Established history (17+ yrs).
Rating: 5★ (top quartile).
Risk profile: High.
5Y return: 3.64% (bottom quartile).
3Y return: 7.95% (bottom quartile).
1Y return: 16.03% (top quartile).
Alpha: 0.00 (lower mid).
Sharpe: 0.42 (upper mid).
Information ratio: 0.00 (lower mid).

Invesco India Growth Opportunities Fund

Lower mid AUM (₹7,887 Cr).
Oldest track record among peers (18 yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately High.
5Y return: 24.05% (top quartile).
3Y return: 24.53% (top quartile).
1Y return: 12.20% (upper mid).
Alpha: 9.12 (top quartile).
Sharpe: 0.50 (upper mid).
Information ratio: 1.03 (top quartile).

ICICI Prudential Banking and Financial Services Fund

Upper mid AUM (₹10,088 Cr).
Established history (16+ yrs).
Rating: 5★ (upper mid).
Risk profile: High.
5Y return: 21.65% (top quartile).
3Y return: 16.23% (lower mid).
1Y return: 11.38% (upper mid).
Alpha: -0.92 (bottom quartile).
Sharpe: 0.72 (top quartile).
Information ratio: 0.11 (upper mid).

Aditya Birla Sun Life Banking And Financial Services Fund

Bottom quartile AUM (₹3,625 Cr).
Established history (11+ yrs).
Rating: 5★ (upper mid).
Risk profile: High.
5Y return: 21.47% (upper mid).
3Y return: 16.33% (upper mid).
1Y return: 9.93% (upper mid).
Alpha: -6.15 (bottom quartile).
Sharpe: 0.38 (lower mid).
Information ratio: 0.35 (upper mid).

Motilal Oswal Multicap 35 Fund

Upper mid AUM (₹13,894 Cr).
Established history (11+ yrs).
Rating: 5★ (lower mid).
Risk profile: Moderately High.
5Y return: 18.51% (lower mid).
3Y return: 22.15% (top quartile).
1Y return: 5.98% (lower mid).
Alpha: 8.72 (top quartile).
Sharpe: 0.42 (upper mid).
Information ratio: 0.73 (top quartile).

Axis Focused 25 Fund

Upper mid AUM (₹13,025 Cr).
Established history (13+ yrs).
Rating: 5★ (lower mid).
Risk profile: Moderately High.
5Y return: 13.26% (bottom quartile).
3Y return: 8.88% (bottom quartile).
1Y return: 2.55% (lower mid).
Alpha: 2.19 (upper mid).
Sharpe: 0.15 (lower mid).
Information ratio: -1.01 (bottom quartile).

Kotak Standard Multicap Fund

Highest AUM (₹54,841 Cr).
Established history (15+ yrs).
Rating: 5★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 19.21% (upper mid).
3Y return: 16.32% (upper mid).
1Y return: 2.26% (bottom quartile).
Alpha: 1.33 (upper mid).
Sharpe: 0.10 (bottom quartile).
Information ratio: 0.21 (upper mid).

Mirae Asset India Equity Fund

Top quartile AUM (₹40,725 Cr).
Established history (17+ yrs).
Rating: 5★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 16.75% (bottom quartile).
3Y return: 12.22% (bottom quartile).
1Y return: 2.19% (bottom quartile).
Alpha: 1.62 (upper mid).
Sharpe: 0.12 (bottom quartile).
Information ratio: -0.70 (bottom quartile).

Tata India Tax Savings Fund

Lower mid AUM (₹4,711 Cr).
Established history (10+ yrs).
Rating: 5★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 19.75% (upper mid).
3Y return: 14.94% (lower mid).
1Y return: 0.34% (bottom quartile).
Alpha: -0.42 (lower mid).
Sharpe: -0.01 (bottom quartile).
Information ratio: -0.31 (lower mid).

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.